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The RULPA requires that the limited partnership certificate list the capital contribution of each general and limited partner.
RULPA
The Revised Uniform Limited Partnership Act, which is a statute that governs limited partnerships in the states that have enacted it.
Limited Partnership Certificate
A document that formally establishes the existence of a limited partnership and outlines its structure and operating principles.
Capital Contribution
The sum of money or assets that the owners or shareholders provide to a company for its use in business operations.
- Apprehend the requirements for setting up, changing, and dissolving a limited partnership, as well as the documentation required.
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Learning Objectives
- Apprehend the requirements for setting up, changing, and dissolving a limited partnership, as well as the documentation required.
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